Chorus Aviation Inc to Post FY2019 Earnings of $1.23 Per Share, National Bank Financial Forecasts (CHR)

Chorus Aviation Inc (TSE:CHR) – Stock analysts at National Bank Financial issued their FY2019 earnings estimates for Chorus Aviation in a research note issued on Wednesday. National Bank Financial analyst C. Doerksen forecasts that the company will earn $1.23 per share for the year. National Bank Financial currently has a “Outperform” rating and a $10.00 price target on the stock.

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Several other equities research analysts have also recently weighed in on CHR. Canaccord Genuity upped their price target on Chorus Aviation from C$9.00 to C$9.25 in a research note on Friday, August 11th. Royal Bank Of Canada upped their price target on Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research note on Friday, August 11th. Scotiabank upped their price target on Chorus Aviation from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. CIBC upped their price target on Chorus Aviation from C$8.25 to C$8.75 and gave the stock an “outperform” rating in a research note on Friday, August 11th. Finally, TD Securities upped their price target on Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a research note on Friday, August 11th. Six research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus target price of C$9.71.

Shares of Chorus Aviation (TSE CHR) traded up C$0.13 during mid-day trading on Monday, reaching C$9.59. The company had a trading volume of 440,041 shares, compared to its average volume of 307,507. Chorus Aviation has a 12 month low of C$6.14 and a 12 month high of C$9.70.

In other news, Director Franco Giampa sold 120,100 shares of the company’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of C$8.20, for a total transaction of C$984,820.00. Also, Director Gary James Osborne sold 50,000 shares of the company’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of C$8.50, for a total value of C$425,000.00. Over the last three months, insiders sold 746,900 shares of company stock worth $6,126,464.

Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.

Earnings History and Estimates for Chorus Aviation (TSE:CHR)

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